Australian Fintech startup Halo Technologies hopes to significantly speed up global adoption of its HALO worldwide research and investment platform by acquiring fully-licenced Resilient Fund Managers conveniently located in central London.
The innovative HALO technology offers multi-functional integrated equities research and investment software solutions and online trading, which the company hopes to springboard into the colossal UK and European markets.
Halo intends to leverage Resilient’s established regulatory structure to launch products and services into this new market.
Halo CEO George Paxton said the deal represents a milestone allowing HALO to establish a footprint in the UK and European markets.
This acquisition provides the Company with direct control of a well-established, licensed business and provides the perfect launchpad for HALO to expedite its international expansion and sell directly into the large and lucrative European market,” Mr Paxton said.
“The management team remains focused on delivering strong growth through strategic acquisitions and opportunistic partnerships to further its growth both onshore and overseas, in line with its strategic growth plans.”
Meanwhile, experienced stockbroker Karl Hughes has been appointed as CEO of Resilient, bringing more than 35 years of timely stockbroking experience with him during the Halo transition.
About Halo Technologies
Halo Technologies Holdings Limited offers multi-functional integrated equities research and investment software solutions for self-directed investors, self-funded retirees, and financial professionals in Australia and internationally. The company’s flagship product is HALO Global Research and Investment, a platform comprising company analysis and portfolio management tools, such as company analysis, institutional-grade research tools, trade executions, ready-to-invest thematic portfolios, integrated account management and CHESS-sponsored holdings, and adviser solutions to keep track of investments across client portfolios. It also offers Macrovue, an investment trading platform that provides online brokerage and thematic portfolio interface for investors, and exchange-traded funds investment and transaction feeds from non-Halo platforms. The company was founded in 2017 and is based in Sydney, Australia.
